A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:
- Without further action, on July 1, 2013, if the applicable requirements for perfection under this article, as in effect on July 1, 2013, are satisfied before or at that time; or
- When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
History. Code 1981, § 11-9-804 , enacted by Ga. L. 2013, p. 690, § 20/SB 185.